SG Americas Securities Doubles Its monday.com Stake, Now Holds 932,912 Shares

SG Americas Securities LLC more than doubled its position in monday.com Ltd. during the fourth quarter of 2025, picking up 490,491 additional shares and ending the period with 932,912 total, according to the firm's most recent disclosure with the Securities and Exchange Commission.

SG Americas Securities LLC increased its holdings in monday.com Ltd. (NASDAQ: MNDY) by 110.9% during the fourth quarter, according to the company's most recent disclosure with the Securities and Exchange Commission. The purchase brought its stake to roughly 1.84% of monday.com's approximately 51.55 million shares outstanding, with the position valued at $137,660,000 at the end of the reporting period.

The move was not an isolated signal. Several large institutional investors had been aggressively building MNDY positions in the quarters preceding the SG Americas disclosure. Capital World Investors expanded its stake by 231.2% in the third quarter, adding 1,198,761 shares to reach a total of 1,717,263 shares worth $332,617,000. Baillie Gifford & Co. grew its position by 136.5% in the same quarter, acquiring 408,848 additional shares and ending with 708,278 shares valued at $137,186,000. Marshall Wace LLP increased its stake by 294.0% in Q3, purchasing 302,961 additional shares to reach 405,995 shares worth $78,637,000. Nordea Investment Management AB grew its position by 2,501.5% in the third quarter, adding 314,383 shares and ending with 326,951 shares valued at $62,990,000. Norges Bank entered as a new investor in the second quarter with a position worth $161,114,000.

Taken together, those moves reflect a pattern of concentrated institutional accumulation across consecutive quarters. Institutional investors as a group now hold 73.70% of monday.com's outstanding stock, a figure that underscores how heavily the company's share base is concentrated among professional asset managers rather than retail participants.

For monday.com employees who hold equity, that institutional depth carries practical weight. When large, long-horizon funds such as Capital World and Baillie Gifford steadily increase their positions, it typically signals conviction in the company's multi-year trajectory rather than short-term momentum trading. monday.com reported record expansion among large enterprise accounts and rapid AI product adoption in its most recent quarter, with its Monday Vibe product reaching a $1 million ARR milestone. That enterprise upmarket push appears to be the operating context institutional buyers are pricing in.

MNDY shares were trading at $75.47 as of March 23, 2026, compared to $276.52 a year earlier, a decline of roughly 72.7% over that period. SG Americas' Q4 purchases were therefore made into a stock trading well below its prior-year highs, suggesting the firm viewed the drawdown as an entry point rather than a reason to stay out.

Form 13F reports are filed within 45 days after the end of each calendar quarter, with most disclosures arriving near that deadline, which means the SG Americas filing reflects positions held as of December 31, 2025 and does not capture any trades made in January or later.